Medicare Rates

SNF Medicare rate rises 2%

SNF Medicare rate rises 2%

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The government has proposed increasing skilled nursing facility Medicare payments by $750 million in fiscal 2015.

More than half of skilled nursing facility rehab residents classified under Ultra-High, CMS finds

More than half of skilled nursing facility rehab residents classified under Ultra-High, CMS finds

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Skilled nursing facility therapy billings in the Ultra-High RUG category increased steadily in recent years and passed a significant threshold in 2013, according to a government memorandum.

SNFs could see 50% payment reduction for Pre-Existing Condition Insurance Plan claims

SNFs could see 50% payment reduction for Pre-Existing Condition Insurance Plan claims

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The federal government's Pre-Existing Condition Insurance Plan will reduce its payments to skilled nursing facilities by 50% as of June 15, according to the Centers for Medicare & Medicaid Services. The PCIP program received a budget of $5 billion in ACA funding, and CMS fears it will run out of money prior to 2014 given the current rate of pay-outs.

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